The Sharjah Chamber of Commerce and Industry has commenced a trade mission to Kenya and Uganda from November 11th to 14th, aiming to enhance bilateral trade relations, particularly in oil, construction, logistics, and food. The mission includes investment forums, workshops, and meetings to foster Emirati and local partnerships, highlighting a surge in trade between the UAE and East Africa.
The Sharjah Chamber of Commerce and Industry has initiated a trade mission to Kenya and Uganda from November 11th to 14th, led by Chairman Abdallah Sultan Al Owais. This mission seeks to bolster bilateral trade relations between the UAE and East Africa, concentrating on areas such as oil, construction, logistics, and food. The first leg of the mission in Kenya will feature an investment forum incorporating workshops and panel discussions on investment prospects, followed by individualized meetings to cultivate partnerships between Emirati and Kenyan entrepreneurs. Subsequently, the delegation will proceed to Uganda to hold another investment forum that will focus on growth within the infrastructure and oil sectors, accompanied by on-site visits to local enterprises. This mission underscores the increasing economic collaboration between the UAE and East African countries, evidenced by non-oil trade with Kenya surpassing $3 billion in 2023, alongside significant growth in trade with Uganda in recent years.
The Sharjah Exports Development Centre, representing the Sharjah Chamber of Commerce and Industry, plays a crucial role in enhancing trade relations and economic cooperation between the UAE and other countries. As the global economy evolves, partnerships with emerging markets in East Africa, particularly Kenya and Uganda, illustrate the UAE’s strategic focus on diversifying its trade relations and enhancing its export capabilities. The growing non-oil trade figures reflect a robust interest in developing multifaceted economic ties in various sectors such as oil, logistics, and construction.
In conclusion, the recently launched trade mission to Kenya and Uganda reflects a significant initiative by the Sharjah Chamber of Commerce and Industry to enhance bilateral trade ties with East Africa. With targeted forums and meetings designed to foster business collaborations, this mission is poised to promote growth in key sectors, thereby strengthening economic relations between the UAE and these burgeoning markets.
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